What is Leasing?
Leasing is a contract that gives the customer the use of the equipment in return for payment of rentals over an agreed period. At the end of the lease, ownership can be transferred to the customer for a small payment equivalent to a further month’s rental.
What can be Leased?
The range of equipment that can be leased is vast, from, IT hardware, software, epos systems, air conditioning units – all this equipment, and much more, can be leased.
Practically every sector of the British economy takes advantage of the various benefits of leasing, from sole traders and partnerships through to plc's, non-profit and public sector organizations. Some 90% of the FTSE 100 companies now lease their capital equipment.
Upgrade and update your equipment and keep the rentals the same.
Payments can be made on a monthly, quarterly, stepped or deferred basis.
Conserves Cash Reserves
Leasing enables you to take the solution you now, without making a substantial lump sum cash payment.
If you pay corporation tax, leasing is a particularly attractive option as payments may be deducted from taxable profits, so the net cost of leasing the equipment is reduced.
Payments are fixed for the duration of the lease agreement.